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IFRS Foundation issues seven educational modules on IFRS for SMEs

  • IFRS for SMEs (mid blue) Image

14 Aug 2018

The IFRS Foundation has issued seven new stand-alone educational modules which support the learning, application, and reading of financial statements prepared with the IFRS for SMEs Standard.

The IFRS Foundation expects to issue stand-alone modules for each section of the 2015 IFRS for SMEs Standard (35 in total). This is the second batch of modules released by the Foundation; the first three modules were posted in April 2018. The seven new modules issued cover the following topics:

  • Statement of comprehensive income and income statement.
  • Statement of changes in equity and statement of income and retained earnings.
  • Statement of cash flows.
  • Basic financial instruments.
  • Other financial instrument issues.
  • Inventories.
  • Events after the end of the reporting period.

For more information, access the IFRS for SMEs modules (free registration required) and see the press release on the IASB’s website.

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